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East Riding of Yorkshire Council County Hall Beverley East Riding of Yorkshire HU17 9BA Telephone 01482 887700 www.eastriding.gov.uk 1 Presentation by.

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Presentation on theme: "East Riding of Yorkshire Council County Hall Beverley East Riding of Yorkshire HU17 9BA Telephone 01482 887700 www.eastriding.gov.uk 1 Presentation by."— Presentation transcript:

1 East Riding of Yorkshire Council County Hall Beverley East Riding of Yorkshire HU17 9BA Telephone Presentation by Alan Menzies Director of Planning and Economic Regeneration East Riding of Yorkshire Council BUILDING FUTURES, EAST RIDING EVENT Tuesday, 14 February 2012 FUTURE ECONOMY

2 East Riding of Yorkshire Council County Hall Beverley East Riding of Yorkshire HU17 9BA Telephone The Local Business Economy 12,679 businesses operate in the East Riding micro firm: employees11,125(87.7%) small firm: employees1,208(9.5%) medium firm: employees287(2.3%) large firm: employees59(0.5%)

3 East Riding of Yorkshire Council County Hall Beverley East Riding of Yorkshire HU17 9BA Telephone East Riding Context Population for East Riding is approx 337,000 and rising The GVA produced by the East Riding is £4,347bn. GVA per head is £13,055, this is 63% of the England average of £20,458 The East Riding shares a close economic relationship with Hull. 28.8% of its population travel to Hull for employment. 11% of East Ridings' workforce reside within the Hull boundary The East Riding economy is diverse with Ports & Logistics, Agriculture and Food Manufacture, Tourism, Chemicals, Advanced Engineering and Energy Generation all being important sectors, with Renewables an emerging key growth sector. The unemployment JSA rate in the East Riding is currently 3.3% (Y&H 4.5% UK 3.8%) Workplace-based skills and earnings are significantly below household-based Deep pockets of economic deprivation exist in some areas, especially, Bridlington, Goole SE Holderness, Beverley and Cottingham.

4 East Riding of Yorkshire Council County Hall Beverley East Riding of Yorkshire HU17 9BA Telephone Local Economic Context Source: ONS April 2010 – March 2011 ERYC (Numbers) ERYC (%) Hull (%) Y&H (%) GB (%) Economically Active 172, In Employment162, Employees139, Self Employed22, Unemployed10,

5 East Riding of Yorkshire Council County Hall Beverley East Riding of Yorkshire HU17 9BA Telephone East Riding of Yorkshire Economic Development Strategy New Strategy at an advanced stage for – LSP owned Key themes: - -LEP / EZs / RGF – Renewables -Support other inward investment -Support and grow new business and self-employed -Improve vocational skill levels -Support existing employers to develop and grow where possible -Worklessness - NEETS/Work Programme/OWEN/Wheels to Work/ Training Centres/Apprenticeships -Education Business Partnership Local Authority Schools Academies Further Education/Higher Education

6 East Riding of Yorkshire Council County Hall Beverley East Riding of Yorkshire HU17 9BA Telephone Carnaby Industrial Estate M62/A63 Corridor A1079 Corridor East Riding Strategic Transport Corridors & Development Sites Paull - Saltend Site Goole - Centerport Site Howden – The Ozone Howdendyke Pocklington Industrial Estate Newport – J38 Melton Park Hessle – Bridgehead Sites Kelleythorpe Industrial Estate Market Weighton Industrial Estate 6

7 East Riding of Yorkshire Council County Hall Beverley East Riding of Yorkshire HU17 9BA Telephone Sites – Capitol Park Goole

8 East Riding of Yorkshire Council County Hall Beverley East Riding of Yorkshire HU17 9BA Telephone Sites – Ozone Howden – J37 M63 32 acres

9 East Riding of Yorkshire Council County Hall Beverley East Riding of Yorkshire HU17 9BA Telephone Sites – HowdendykeSites – Newport Green Park – J38 M acres M62J38

10 East Riding of Yorkshire Council County Hall Beverley East Riding of Yorkshire HU17 9BA Telephone acres Sites – Melton Business Park – A63

11 East Riding of Yorkshire Council County Hall Beverley East Riding of Yorkshire HU17 9BA Telephone Sites – Melton West – A acres

12 East Riding of Yorkshire Council County Hall Beverley East Riding of Yorkshire HU17 9BA Telephone acres Sites – Humber Bridgehead, Hessle -A63

13 East Riding of Yorkshire Council County Hall Beverley East Riding of Yorkshire HU17 9BA Telephone Sites – Paull – Saltend Site 200 acres – Enterprise Zone status

14 East Riding of Yorkshire Council County Hall Beverley East Riding of Yorkshire HU17 9BA Telephone Which LEPs are the ERYC involved in?

15 East Riding of Yorkshire Council County Hall Beverley East Riding of Yorkshire HU17 9BA Telephone York & North Yorkshire LEP

16 East Riding of Yorkshire Council County Hall Beverley East Riding of Yorkshire HU17 9BA Telephone York and North Yorkshire LEP Strategic Priorities of the York and North Yorkshire LEP are: Agri-Food; Tourism; High Speed Broadband; Business Support; Business Networks; Coastal Regeneration; and Skills and Training. Private Sector Chair in place – Barry Dodd – GSM Group Board Members Include :- Councillor Parnaby, Shaun Watts (Chameleon Business Interiors)

17 East Riding of Yorkshire Council County Hall Beverley East Riding of Yorkshire HU17 9BA Telephone Humber LEP

18 East Riding of Yorkshire Council County Hall Beverley East Riding of Yorkshire HU17 9BA Telephone Hull, East Riding and Scarborough Partnership Lead on place shaping Lead on tourism – Yorkshire Wolds/Coast Brand Identify local transport/infrastructure priorities Co-ordinate responses to local economic shops Lead on rural economy issues Ensure local authority led policy/decision making on Planning, Transport, Housing and Local Asset Management contribute to LEP priorities Prioritise local capital programmes and apply for external funding for local growth and regeneration

19 East Riding of Yorkshire Council County Hall Beverley East Riding of Yorkshire HU17 9BA Telephone Future Opportunities – Offshore Wind

20 East Riding of Yorkshire Council County Hall Beverley East Riding of Yorkshire HU17 9BA Telephone Future Opportunities – Offshore Wind 1,000 turbines must be built every year until of the largest off shore zones, each with thousands of turbines, can be reached within 12 hours sailing time from Hull 10,000 real jobs for Hull, the East Riding and the wider Humber region Green Port Hull is deliverable by 2014

21 East Riding of Yorkshire Council County Hall Beverley East Riding of Yorkshire HU17 9BA Telephone Future Opportunities – Offshore Wind

22 East Riding of Yorkshire Council County Hall Beverley East Riding of Yorkshire HU17 9BA Telephone Enterprise Zones Benefits A 100 per cent business rate discount worth up to £275,000 over a five year period, for businesses that move into an Enterprise Zone during the course of this Parliament; All business rates growth within the zone for a period of at least 25 years will be retained and shared by the local authorities in the Local Enterprise Partnership area to support their economic priorities; Government and local authority help to develop radically simplified planning approaches in the zone; and The Government will make enhanced capital allowances for investment in plant and machinery available in designated areas within a limited number of Enterprise Zones. This is only available where the Government and Local Enterprise Partnership agree that it is better for the local economy to focus on a smaller number of companies making significant capital intensive investments. The vast majority of Enterprise Zones will retain a focus on attracting greater volumes of companies through business rate discounts.

23 East Riding of Yorkshire Council County Hall Beverley East Riding of Yorkshire HU17 9BA Telephone Humber Enterprise Zone and Regional Growth Fund EZ bid approved by DCLG,17/08/ Hectares of land available Potential of attracting 4 wind turbine manufacturers Potential 12,500 jobs Regional Growth Fund (RGF) bid for North Bank sector support - £25.7m Both building on the potential Siemens investment and other off- shore wind turbine manufacturers.

24 East Riding of Yorkshire Council County Hall Beverley East Riding of Yorkshire HU17 9BA Telephone Enterprise Zone and Regional Growth Fund (contd) RGF bid submitted 01/07/2011 North Bank only (Hull & ERYC) Circa £30m investment into:- Secure large inward investment into the region Assist local businesses to enter the supply chains of Siemens and their suppliers. Facilitate training opportunities for local people. Address infrastructure constraints impinging on opportunities in the sector. Establish Hull as a Centre for R&D for the Renewables industry.

25 East Riding of Yorkshire Council County Hall Beverley East Riding of Yorkshire HU17 9BA Telephone BAE Systems Announcement – 27 th September2011 3,000 jobs losses at its UK plants. Commenced consultation on ending the manufacturing capability at the Brough site which would result in 899 job losses Chancellor of the Exchequers invitation to Humber LEP to draw up proposals for new Enterprise Zones to be operational by April 2012 (as with all the other Enterprise Zones). The Humber LEP and its partners have worked up a complementary proposal comprising of 150ha of land and existing buildings, to enhance the delivery of the original Humber Green Port Corridor Enterprise Zone (HGPC EZ).

26 East Riding of Yorkshire Council County Hall Beverley East Riding of Yorkshire HU17 9BA Telephone Sites – HowdendykeSites – Brough – BAE Systems Site M62J acres

27 East Riding of Yorkshire Council County Hall Beverley East Riding of Yorkshire HU17 9BA Telephone Recent & Approved Investment Projects £65m investment in Regional Distribution Centre (RDC) 650 jobs £240m investment 470 jobs created Wren Kitchens £19m Investment jobs Elliott Group £3m Investment – 90 jobs JZ Flowers £3m Investment 250 safeguarded jobs Heron Foods £19m Investment – 50 Jobs Investment in Eco Store at Hornsea jobs Biowise £5m Investment GWE Biogas £10m Investment – 15 jobs Recent Investments Allam Marine 60,000 sq ft office & factory Expansion – 20 jobs

28 East Riding of Yorkshire Council County Hall Beverley East Riding of Yorkshire HU17 9BA Telephone QUESTIONS?


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